Chinese delivery firm Dada Nexus to kick off $500m US IPO this week

Chinese delivery firm Dada Nexus to kick off $500m US IPO this week

Dada Nexus Limited, a local on-demand retail and delivery platform backed by Chinese e-commerce giant JD Group

Chinese delivery firm Dada Nexus Ltd will launch the investor roadshow for its U.S. initial public offering as early as Wednesday, according to people familiar with the matter, braving U.S.-China tensions over Chinese companies pursuing their stock market debut in New York.

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